November 26, 2012
Dear members of the Securities and Exchange Commission:
Gee, "corporations are people, too." But REAL people have to DISCLOSE what they contribute to political campaigns. AND CORPORATIONS DON'T???!!! This is absolutely absurd, corrupt, and indefensible.
I know the "supreme corp" ruled on some of this, but NOT on the secrecy part. The VERY LEAST that agencies of the government which SUPPOSEDLY REPRESENT THE PUBLIC INTEREST should do is MAKE CORPORATE CONTRIBUTIONS TRANSPARENT. In other words, REMOVE THE SECRECY associated with such contributions.
Or DOESN'T the SEC represent public interests??????????????? DOES it ONLY represent the ALREADY OBSCENELY UNDEMOCRATIC interests of corporations???
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
Thank you for considering my comment.